Marine lenders announce change

Author:
Updated:
Original:

Phil Swaun, from the Swaun Funding Group, has joined Newcoast Financial Services as it’s Northeast regional manager.

Newcoast is one of the largest and most respected marine finance companies in the industry,” Swaun said in an e-mail to dealers announcing the move. “They have every funding source available in today’s marketplace, which will increase approval ratios. I will be able to offer sub-prime lending, an indirect and direct dealer compensation program.”

The Swaun Funding website, with the online approval application, will still be active, he added.

Related

Patrick Acquires SeaDek Parent

The Indiana-based company continues its strategy of growth through acquisitions.

BoatUS, USPS Resume Safety Checks

The groups are offering the service during safety events, or boaters can conduct the inspection using an online guide.

Stepping Up the Pace of Relief

A positive jobs report, 3 million vaccinations per day and consumer confidence point toward economic recovery.

Freedom Boat Club Buys N.Y. Franchise

The latest acquisition is Brunswick’s sixth corporate-owned Freedom operation in the United States.

In-Person NMEA Conference Announced

The electronics conference, in conjunction with the Radio Technical Commission for Maritime Services, is scheduled for Sept. 20-24 in Orlando, Fla.

Vesper Appoints U.S.-based Manager

Damien Frye will drive sales of the New Zealand-based company’s Cortex product line.

Groupe Beneteau Sells CNB

As part of the conglomerate’s realignment, the Groupe has inked an agreement with Italian yard Solaris to purchase the bluewater sailing brand.